Why is TTI Enterprise falling/rising?

As of 01-Jul, TTI Enterprise Ltd is experiencing a slight increase in its stock price, currently at 10.67, reflecting a change of 0.07 or 0.66% upward. The stock has shown a positive trend recently, gaining 3.39% over the last three days and outperforming its sector by 0.8%. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date return of -11.08% and a one-year return of -23.68%. The company's financial health is concerning, as it has reported operating losses and a significant decline in profit after tax, which fell by 255% compared to the previous quarter. Additionally, the promoters have reduced their stake by 22.87%, indicating a lack of confidence in the company's future prospects.
Broader market context shows that while TTI Enterprise has outperformed the Sensex by 3.09% over the past week, it has consistently lagged behind the benchmark over the longer term, with a three-year return of -21.66% compared to the Sensex's 58.19%. The stock's liquidity remains adequate, but a notable decline in delivery volume suggests decreasing investor participation. Overall, the combination of short-term gains amidst long-term challenges, including weak fundamentals and reduced promoter confidence, contributes to the stock's mixed performance in the market.